Don’t waste your time – keep track of how NFP affects the US dollar!

Thank you for visiting our website

The ASIC policy prohibits us from providing services to clients in your region. Are you already registered with FBS and want to continue working in your Personal area?

Personal area

Facebook like

NZD will be driven by RBNZ

NZD will be driven by RBNZ

Updated

What will happen?

The Reserve Bank of New Zealand will hold a meeting on Wednesday, April 14, at 05:00 MT. The central bank will announce its policy decision. Last time, it held its official cash rate at a record low of 0.25% during its February meeting and left the asset purchases unchanged. However, some were expecting the RBNZ to shift to a more hawkish stance – raise rates or decrease asset purchases. Who knows, maybe it will be the case this time.

How to trade on RBNZ’s statement?

  • If the RBNZ is hawkish, the NZD will rise.
  • If the RBNZ leaves everything unchanged and its tone is optimistic, the NZD may gain.
  • If the RBNZ gives negative economic projections, the NZD may drop.

Check the economic calendar

Instruments to trade: NZD/USD; NZD/CAD; NZD/JPY: AUD/NZD

nzd_push_apr6.jpg

LOG IN

Deposit with your local payment systems

Got questions? FBS Oceania Customer Support is ready to help!

Contact us via email at support@fbsaustralia.com